Gestamp Services Tool Design Engineer Salaries by 5 Employees (Updated 2025)

3 - 10 years exp.

₹4.5 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

68% more than the average Tool Design Engineer Salary for 3 - 10 years of experience

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Last Updated: 21 Jan 2025

Companies similar to Gestamp Services for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Tool Design Engineer Salary 2 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹13 L/yr 10% more
Larsen & Toubro Limited Tool Design Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 61% less
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Tata Advanced Systems Tool Design Engineer Salary 3 - 7 years exp. (29 salaries)	₹3 L/yr - ₹8 L/yr 33% less
Lucas-TVS Tool Design Engineer Salary 2 - 7 years exp. (9 salaries)	₹4 L/yr - ₹6.5 L/yr 28% less
Brakes India Tool Design Engineer Salary 0 - 5 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 68% less

Tool Design Engineer salary at Gestamp Services ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Gestamp Services.

Experience wise Gestamp Services Tool Design Engineer salaries

Last Updated: 21 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

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Salary related reviews for Gestamp Services

Design Engineer in Pune

Research & Development Department

3.0

• posted on 18 Nov 2022

2.0

for Salary and Benefits

Likes

Need to think for it

Dislikes

...ill mix your professional and personal life together. # No grade upgradation . #salary hike good up to first two or 3 years in company as he hired people on same salary or less than previous salary. #No respect for female employees # Misuse of position by manager. # you dont have any other responsible person than him #No Bus No canteen facility. You will get only tea here. Also he warns to take a cup of milk only not more..so cheap.. # No company HR is there. Your manager is everything in the office. I suggest experience people not to join. For persons from MIDC can join this coz they may find this is best company.

Salary - Poor

+5 more

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Gestamp Services Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Gestamp Services ?

The average salary of a Tool Design Engineer at Gestamp Services in India typically ranges from ₹4.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Tool Design Engineer at Gestamp Services earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Tool Design Engineer Salaries at Gestamp Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Gestamp Services employees in India.

What is the estimated take home salary of a Tool Design Engineer at Gestamp Services in India?

The estimated take-home salary of a Tool Design Engineer at Gestamp Services in India typically ranges from ₹52,403 to ₹53,705 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Gestamp Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Gestamp Services for Tool Design Engineer in India?

Tech Mahindra

₹4.2 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Gestamp Services, depending on the role and experience level.

What is the salary of a Tool Design Engineer in companies similar to Gestamp Services in India?

The salary of a Tool Design Engineer at companies similar to Gestamp Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lucas-TVS	₹4.0 Lakhs to ₹6.5 Lakhs per year
Tata Advanced Systems	₹3.0 Lakhs to ₹8.0 Lakhs per year
Larsen & Toubro Limited	₹2.4 Lakhs to ₹3.6 Lakhs per year
Brakes India	₹1.1 Lakhs to ₹6.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Tool Design Engineer at Gestamp Services in India?

The salary growth for a Tool Design Engineer at Gestamp Services depends on factors such as experience, performance, and promotions. On average, a Tool Design Engineer can expect the following growth trajectory at Gestamp Services:

Experience	Average Salary Range
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
5 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
6 years	₹6.0 Lakhs to ₹7.7 Lakhs per year

and so on.

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Gestamp Services Tool Design Engineer Salaries

Gestamp Services Tool Design Engineer salary in India ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Gestamp Services latest salaries received from various employees of Gestamp Services.